Upcoming Growth Trends in the Rodenticides Market

The rodenticides market size is projected to reach USD 7.7 billion by 2029 from USD 5.8 billion by 2024, at a CAGR of 5.9% during the forecast period in terms of value. The occurrence of rodent infestations across diverse environments, encompassing urban, agricultural, and industrial landscapes, impacts the demand for rodenticides. Variables like climate change, urbanization, and alterations in land use patterns can influence rodent populations, resulting in fluctuations in pest pressure and necessitating the use of rodenticide solutions.

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Spraying to hold the second-largest share in the mode of application segment.

Spray type of mode of application is projected to hold the second-largest share in the mode of application type segment of the rodenticides market. The application of pesticides through spraying may inadvertently impact rodent populations. For instance, if rodents ingest plants or insects treated with pesticides, they might consume toxic residues, resulting in either direct fatalities or weakened individuals. Consequently, this scenario may spur a heightened demand for rodenticides as an additional measure to manage rodent populations indirectly influenced by spraying.

The Urban Centers segment is expected to hold the largest market share in the end use segment of the rodenticides market.

Urban environments, characterized by dense human populations, offer ample food sources and shelter for rodents. The proximity of buildings, infrastructure, and waste management systems creates optimal conditions for rodent infestations to proliferate. In urban environments, a multitude of structures, including buildings, sewers, and subway systems, serve as shelter and nesting sites for rodents. Structural imperfections such as cracks and crevices in buildings provide entry points for rodents, facilitating their access to indoor spaces and heightening the risk of infestations.

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North America will dominate the rodenticides market during the forecast period.

North America has over 400 species of rodents, many of which have adapted to human environments and are considered pests in urban, agricultural, and forestry settings. Climatic changes, such as mild winters and warm springs, have fueled the reproduction and survival of certain rodent species, leading to outbreaks like that of house mice in the US. Major service providers report that approximately 60% of the global servicing market is attributed to North America, encompassing the United States, Canada, and Mexico. Rollins, Inc., Rentokil Initial plc, and Ecolab emerge as leading companies in this market segment, owing to the proliferation of services in the US and the high urbanization rates in both the US and Canada. These factors have led to an increase in rodenticide application in North America.

The key players in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL (India), Neogen Corporation (US), Anticimex  (Sweden), Ecolab (US), Rentokil Initial plc (UK), Senestech, Inc. (US), Rollins, Inc. (US), Liphatech, Inc. (US), JT Eaton & Co., Inc. (US), PelGar International (UK), Bell Laboratories Inc. (US), and Abell Pest Control (Canada). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, supported by manufacturing facilities and well-established distribution networks spanning across these regions.

Rodenticides Industry News

• In May 2023, World Pest Control collaborated with Rentokil North America. World Pest Control has been serving residential and commercial customers for 69 years. The company is dedicated to providing pest control services that protect homes, families, and businesses.
• In January 2022, Syngenta Crop Protection completed the acquisition of two bioinsecticides NemaTrident and UniSpore, from UK-based Biomema Limited, which is one of the foremost players in bioprotection technology development. This acquisition would help the company strategize new developments under its pest management vertical.

Rodenticides Market Size, Trends, Outlook, Insights, Overview 2024-2029

The rodenticides market size is undergoing rapid growth due to a variety of factors. The expansion of urban areas and industries typically leads to a rise in rodent populations, driven by factors like heightened waste production and habitat disruption. Consequently, this increases the demand for rodenticides to manage these pest infestations. Similarly, fluctuations in weather conditions, including temperature, precipitation, and seasonal changes, can impact rodent populations by influencing their breeding patterns and habitat selection. Instances of extreme weather events may further increase rodent activity, consequently affecting the demand for rodenticides.

Rodenticides Market Driver: Displacement of rodents due to urbanization

Urbanization significantly influences land use, especially in developing countries where it's anticipated that 90% of the population will live in urban areas. This shift is likely to affect public health as rural pathogens adapt to urban environments, increasing their prevalence. According to a Rentokil article, constructing new buildings often displaces rat populations, driving them into urban settings. A report by the Building and Construction Authority (BCA) highlights a growing demand for construction activities, which can disrupt rodent nesting areas in rural regions and push them towards urban areas. Black rats, as noted in a recent Frontiers article, are a common urban species capable of thriving amidst environmental changes caused by human activities. Therefore, the rise in urbanization emphasizes the need for effective rodent control, particularly in emerging urban areas.

Increase in demand for rodent pest control services from the hospitality and tourism sectors

The increasing demand for maintenance services to manage rodent pests and prevent potential damage is driving growth in the rodenticide market. This demand is fueled by heightened interest in recreational activities. Key sectors such as entertainment, warehousing, construction, food service, pharmaceuticals, and hospitality significantly contribute to the rising need for pest control products and services, especially for rodent management. Economic losses caused by rodent-related damages notably impact the tourism industry. The expansion of urban hospitality and entertainment sectors, driven by consumer purchasing power, emphasizes the importance of effective rodent control measures to maintain aesthetic appeal and ensure customer satisfaction.

According to the World Health Organization (WHO), urban pests present serious public health risks. Over the past decade, there has been an increase in hospital admissions due to insect bites and wasp stings, highlighting the critical role of pest control in protecting public health. Additionally, pest-borne diseases can lead to economic losses, particularly affecting the tourism industry. Therefore, it is essential to evaluate the impact of pest control solutions in commercial establishments on user health, especially in reducing microbial contamination.

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The Urban Centers segment is expected to hold the largest market share in the end use segment of the rodenticides market.

Urban areas, with their dense populations, provide abundant food and shelter for rodents. The close arrangement of buildings, infrastructure, and waste management systems creates ideal conditions for rodent infestations to thrive. Numerous structures in cities, including buildings, sewers, and subway systems, offer shelter and nesting sites for rodents. Structural flaws like cracks and crevices in buildings act as entry points, allowing rodents to access indoor spaces and increasing the likelihood of infestations.

North America to dominate the rodenticides market during the forecast period.

North America has over 400 species of rodents, many of which have adapted to human environments and are considered pests in urban, agricultural, and forestry settings. Climatic changes, such as mild winters and warm springs, have fueled the reproduction and survival of certain rodent species, leading to outbreaks like that of house mice in the US. Major service providers report that approximately 60% of the global servicing market is attributed to North America, encompassing the United States, Canada, and Mexico. Rollins, Inc., Rentokil Initial plc, and Ecolab emerge as leading companies in this market segment, owing to the proliferation of services in the US and the high urbanization rates in both the US and Canada. These factors have led to an increase in rodenticide applications in North America.

Top Companies in the Rodenticides Market

The key players in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL (India), Neogen Corporation (US), Anticimex (Sweden), Ecolab (US), Rentokil Initial plc (UK), Senestech, Inc. (US), Rollins, Inc. (US), Liphatech, Inc. (US), JT Eaton & Co., Inc. (US), PelGar International (UK), Bell Laboratories Inc. (US), and Abell Pest Control (Canada).

Rodenticides Market Research Report: In-Depth Qualitative Insights, Explosive Growth Opportunity 2022-2027

The global rodenticides market is predicted to experience a 5.8% compound annual growth rate, leading to revenue surpassing USD 7.1 billion by 2027. This thriving industry, valued at USD 5.4 billion in 2022, is on a path of substantial growth. The rising concern for environmental pollution and public health hazards posed by vector-borne diseases is fueling the global demand for rodent control services. The growing population, coupled with the overexploitation and degradation of limited resources, is contributing to the degradation of the ecosystem, leading to global warming and temperature rise. These factors, in turn, are indirectly strengthening pests' ability to survive in different seasons, as evidenced by the migration of tropical pests away from the equatorial region due to global warming.

Rodenticides Market Growth Drivers: Displacement of rodents due to urbanization

Urbanization is one of the key factors encouraging land use, particularly in developing countries, where 90% of the people are expected to be residents of urban areas. Moreover, urbanization is expected to impact public health due to the shift of rural pathogens adapting to the urban environment and increasing their number.

According to an article by Rentokil, it has been observed that the construction of new buildings is increasingly displacing the rat population across regions. As per the report by Building and Construction Authority (BCA), the need for construction in the country is increasing. Some construction activities in rural areas disturb the nesting area of rodents, such as rats, and thus encourage them to relocate to another urbanized location.

According to a recent article posted in Frontiers, Norway, black rats are considered the urban rats that inhabit cities worldwide. They adapt to environmental changes caused by humans and thus survive easily. Hence, the increase in the levels of urbanization creates the need for rodent control, majorly in the urban areas of developing regions.

Rodenticides Market Opportunities: Increase in demand for rodent pest control services from the hospitality and tourism sectors

With the growing interest in recreational activities and aesthetics among consumers, the demand for maintenance services to control rodent pests and their possible damages are the key factors that are projected to drive market growth for rodenticides shortly. The entertainment sector, warehouses, construction companies, the food service segment, pharmaceutical companies, and the hospitality sector play an important role in encouraging the demand for pest control products services, particularly for rodents. The economic losses due to the damages caused by pests, such as rodents, affect the tourism industry. The growth of the hospitality and entertainment sectors in urban areas due to the high purchasing power among consumers has driven the demand for rodent control products.

Rising Demand for Second-Generation Anticoagulants due to their Longer Half-Life, Which Implies Longer Tissue Persistence, and Enhanced Efficacy Against Rodents

With the increase in exposure to first-generation anticoagulants, rodents have developed resistance to them; hence, second-generation anticoagulants were developed. Second-generation anticoagulants, also called single-dose anticoagulants, can be lethal in a single dose. They are more toxic than first-generation anticoagulants due to their superior affinity for vitamin K-epoxide reductase, which disrupts the functioning of the blood clotting agents in rodents. The popular rodenticides in this category are brodifacoum, bromadiolone, difethialone, difenacoum, and flocoumafen.

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Asia Pacific is expected to be the fastest-growing region with a CAGR of 6.5% during the forecast period.

The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia and few other Asian counties. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

The major players in this market are BASF SE (Germany), Syngenta (Switzerland), Bayer AG (Germany), UPL (India), and Rentokil Initial PLC (UK).

Rodenticides Market Growth Opportunities by 2027

 The global rodenticides market is predicted to experience a 5.8% compound annual growth rate, leading to revenue surpassing USD 7.1 billion by 2027. This thriving industry, valued at USD 5.4 billion in 2022, is on a path of substantial growth. The rising concern for environmental pollution and public health hazards posed by vector-borne diseases is fueling the global demand for rodent control services. The growing population, coupled with the overexploitation and degradation of limited resources, is contributing to the degradation of the ecosystem, leading to global warming and temperature rise. These factors, in turn, are indirectly strengthening pests' ability to survive in different seasons, as evidenced by the migration of tropical pests away from the equatorial region due to global warming.

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increase in demand for rodent pest control services from the hospitality and tourism sectors

With the growing interest in recreational activities and aesthetics among consumers, the demand for maintenance services to control rodent pests and their possible damages are the key factors that are projected to drive market growth for rodenticides shortly. The entertainment sector, warehouses, construction companies, the food service segment, pharmaceutical companies, and the hospitality sector play an important role in encouraging the demand for pest control products & services, particularly for rodents. The economic losses due to the damages caused by pests, such as rodents, affect the tourism industry. The growth of the hospitality and entertainment sectors in urban areas due to the high purchasing power among consumers has driven the demand for rodent control products.

Rising awareness about sanitation and hygiene among people is driving the demand for rodenticides for residential purposes.

Rodents like rats are mostly found in kitchens due to food and food-related garbage. The increase in health and hygiene concerns among people and the affordability of pest control practices encourage them to adopt such practices for a rodent-free environment. Sewers, open areas, and waste dumps are highly susceptible to rat infestations. Thus, the application of rodenticides becomes essential. Rodenticides are used in and around buildings to control rat infestations. The presence of rodents can result in the transmission of zoonotic diseases, such as plague and leptospirosis. As a result, urban centers stock up on rodenticides to take immediate action on the transmission of diseases and prevent contagious diseases.

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Asia Pacific is expected to be the fastest-growing region with a CAGR of 6.5% during the forecast period.

The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia, and a few other Asian countries. As the world’s largest and most populous region, Asia-Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damage caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

Key players operating in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL Limited (India), Rollins, Inc. (US), Liphatech, Inc. (US), JT Eaton & Co., Inc. (US), Pelgar (UK), Bell Laboratories Inc. (US), and Abell Pest Control (Canada).

Rodenticides Market Growth by Emerging Trends, Analysis, & Forecast

The global rodenticides market is estimated to be valued at USD 5.3 billion in 2022. It is projected to reach USD 7.1 billion by 2027, recording a CAGR of 5.8% during the forecast period. The rodenticides market is driven by rapid urbanization across regions. The increase in awareness on public hygiene, the prevention of vector-borne diseases, and the rise in purchasing power parity (PPP) among the middle-class population are factors that have encouraged the demand for pest control services, globally. In addition, government initiatives for maintaining environmental hygiene are projected to drive the demand for rodenticides. For instance, the “clean-up” movement in India has proven to be a major driver for the insect pest control industry.

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Increase in the global trade of rodenticides

Germany is one of the global leaders engaged in the export of rodenticides. It is followed by India, the US, the UK, Belgium, and Italy. Germany has a presence of major chemical companies, such as Bayer AG and BASF SE, which have a wide portfolio of insect pest control products. The country is a major exporter of rodenticides to countries, such as the Netherlands, the UK, and France. These countries import rodenticides due to their high-quality standards, fewer transportation costs, and easy accessibility. India is emerging as a potential export hub for high-quality rodenticides due to low-cost manufacturing and the security of patented new active ingredients. India majorly exports rodenticides to countries, such as Brazil, the US, and the Netherlands. China is a dominant exporter of rodenticides to Southeast Asian countries, such as Vietnam, Thailand, and Indonesia. This increase in demand for rodenticides across the globe is attributed to factors, such as government initiatives for health awareness programs, an increase in crop losses, and a rise in health concerns due to rodent attacks.

Sprays are Permitted for use only by Professional Pest Applicators

Most fumigants include phosphide compounds, such as zinc and aluminum phosphides. Bromides are also used for rodent treatment in a few countries. Carbon dioxide is also used as a fumigant against commensal mice. Fumigants or rodenticides in the spray form are used in warehouses, along with minimal use in agricultural fields. Sprays cannot be used in urban areas because they cause health concerns in humans and other non-target animals. Fumigants are used for destroying rodent burrows through gassing. It involves the insertion of either pellets or tablets in the rodent burrow, which are then sealed with soil. The gases evolved to build up to concentrations that are lethal to the rodents occupying the burrows.

North America and Asia Pacific are the major exporters of crops across the globe. High quantities of grains are stored in warehouses, and fumigants, are majorly used in these warehouses for rodent control. In addition, sprays of zinc phosphide are used against mouse plagues in Australia.

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Asia Pacific is expected to be the fastest-growing region with a CAGR of 6.5% during the forecast period.

The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia and few other Asian counties. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

Key players in this market include Basf Se(Germany), Bayer Ag(Germany), Syngenta Ag(Switzerland), UPL Limited(India) Neogen Corporation(US)

Rodenticides Market to Showcase Continued Growth in the Coming Years

The global Rodenticides Market is predicted to experience a 5.8% compound annual growth rate, leading to a revenue surpassing USD 7.1 billion by 2027. This thriving industry, valued at USD 5.4 billion in 2022, is on a path of substantial growth.

The rising concern for environmental pollution and public health hazards posed by vector-borne diseases is fueling the global demand for rodent control services. The growing population, coupled with the overexploitation and degradation of limited resources, is contributing to the degradation of the ecosystem, leading to global warming and temperature rise. These factors, in turn, are indirectly strengthening pests' ability to survive in different seasons, as evidenced by the migration of tropical pests away from the equatorial region due to global warming.

The global rodenticides market can be analyzed regionally to gain a better understanding of its dynamics and growth potential in different areas. Here is a regional analysis of the rodenticides market:

North America: The North American region is a significant market for rodenticides, driven by factors such as an increase in urbanization and a rise in rodent infestation. The United States is the leading country in the region due to its large agricultural and industrial sectors, where the use of rodenticides is high. The market is expected to grow steadily in this region, driven by increasing demand for pest control in both residential and commercial settings.

Europe: The European rodenticides market is primarily driven by stringent regulations and laws that govern the use of rodenticides in the region. The United Kingdom, Germany, and France are some of the leading countries in this market. Increasing awareness of public health and hygiene, combined with a rise in rodent infestation, is expected to drive the growth of the rodenticides market in Europe.

Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth in the rodenticides market. The increasing demand for food, coupled with a rise in rodent infestation in agriculture and industrial sectors, is expected to drive the growth of the market in this region. China, India, and Japan are some of the leading countries in this market.

Latin America: The Latin American rodenticides market is primarily driven by the agriculture and food processing sectors. Brazil, Mexico, and Argentina are some of the leading countries in this market. The growth of the market is expected to be driven by increasing demand for food, combined with a rise in rodent infestation in the agriculture sector.

Middle East and Africa: The Middle East and Africa rodenticides market are primarily driven by the increasing demand for pest control in residential and commercial settings. The market is expected to witness steady growth in this region due to increasing urbanization and a rise in rodent infestation.

In summary, the rodenticides market is expected to grow steadily across all regions due to increasing demand for pest control in residential, commercial, and industrial sectors, combined with a rise in rodent infestation. However, the growth rate may vary in different regions due to regional factors such as regulations, economic growth, and industrialization.

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Rodenticides Market to Showcase Continued Growth in the Coming Years

The global Rodenticides Market is predicted to experience a 5.8% compound annual growth rate, leading to a revenue surpassing USD 7.1 billion by 2027. This thriving industry, valued at USD 5.4 billion in 2022, is on a path of substantial growth.

The rising concern for environmental pollution and public health hazards posed by vector-borne diseases is fueling the global demand for rodent control services. The growing population, coupled with the overexploitation and degradation of limited resources, is contributing to the degradation of the ecosystem, leading to global warming and temperature rise. These factors, in turn, are indirectly strengthening pests' ability to survive in different seasons, as evidenced by the migration of tropical pests away from the equatorial region due to global warming.

Drivers: Displacement of rodents due to urbanization

Urbanization is one of the key factors encouraging land use, particularly in developing countries, where 90% of the people are expected to be residents of urban areas. Moreover, urbanization is expected to impact public health due to the shift of rural pathogens adapting to the urban environment and increasing their number.

According to an article by Rentokil, it has been observed that the construction of new buildings is increasingly displacing the rat population across regions. As per the report by Building and Construction Authority (BCA), the need for construction in the country is increasing. Some construction activities in rural areas disturb the nesting area of rodents, such as rats, and thus encourage them to relocate to another urbanized location.

According to a recent article posted in Frontiers, Norway, black rats are considered the urban rats that inhabit cities worldwide. They adapt to environmental changes caused by humans and thus survive easily. Hence, the increase in the levels of urbanization creates the need for rodent control, majorly in the urban areas of developing regions.

What is the current size of the global rodenticides market?

Rising Demand for Second-Generation Anticoagulants due to their Longer Half-Life, Which Implies Longer Tissue Persistence, and Enhanced Efficacy Against Rodents

With the increase in exposure to first-generation anticoagulants, rodents have developed resistance to them; hence, second-generation anticoagulants were developed. Second-generation anticoagulants, also called single-dose anticoagulants, can be lethal in a single dose. They are more toxic than first-generation anticoagulants due to their superior affinity for vitamin K-epoxide reductase, which disrupts the functioning of the blood clotting agents in rodents. The popular rodenticides in this category are brodifacoum, bromadiolone, difethialone, difenacoum, and flocoumafen.

Second-generation anticoagulants are not excreted easily, persisting in bodily organs such as the liver. Some of these are particularly toxic to birds and mammals. For instance, brodifacoum and difethialone pose potential risks to avian predators and scavengers that feed on target or non-target animals poisoned with bait. Oral toxicity is high in nearly all rodenticides. Most of these are not allowed to be marketed to non-licensed applicators for residential use. These products are sold directly to pest control professionals or agricultural supply stores.

Key players operating in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL Limited (India), Rollins, Inc. (US), Liphatech, Inc. (US), JT Eaton & Co., Inc. (US), Pelgar (UK), Bell Laboratories Inc. (US), and Abell Pest Control (Canada).

Rodenticides Market Market to Showcase Continued Growth in the Coming Years

The global rodenticides market is estimated to be valued at USD 5.3 billion in 2022. It is projected to reach USD 7.1 billion by 2027, recording a CAGR of 5.8% during the forecast period. The rodenticides market is driven by rapid urbanization across regions. The increase in awareness on public hygiene, the prevention of vector-borne diseases, and the rise in purchasing power parity (PPP) among the middle-class population are factors that have encouraged the demand for pest control services, globally. In addition, government initiatives for maintaining environmental hygiene are projected to drive the demand for rodenticides. For instance, the “clean-up” movement in India has proven to be a major driver for the insect pest control industry.

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Increase in the global trade of rodenticides

Germany is one of the global leaders engaged in the export of rodenticides. It is followed by India, the US, the UK, Belgium, and Italy. Germany has a presence of major chemical companies, such as Bayer AG and BASF SE, which have a wide portfolio of insect pest control products. The country is a major exporter of rodenticides to countries, such as the Netherlands, the UK, and France. These countries import rodenticides due to their high-quality standards, fewer transportation costs, and easy accessibility. India is emerging as a potential export hub for high-quality rodenticides due to low-cost manufacturing and the security of patented new active ingredients. India majorly exports rodenticides to countries, such as Brazil, the US, and the Netherlands. China is a dominant exporter of rodenticides to Southeast Asian countries, such as Vietnam, Thailand, and Indonesia. This increase in demand for rodenticides across the globe is attributed to factors, such as government initiatives for health awareness programs, an increase in crop losses, and a rise in health concerns due to rodent attacks.

Sprays are Permitted for use only by Professional Pest Applicators

Most fumigants include phosphide compounds, such as zinc and aluminum phosphides. Bromides are also used for rodent treatment in a few countries. Carbon dioxide is also used as a fumigant against commensal mice. Fumigants or rodenticides in the spray form are used in warehouses, along with minimal use in agricultural fields. Sprays cannot be used in urban areas because they cause health concerns in humans and other non-target animals. Fumigants are used for destroying rodent burrows through gassing. It involves the insertion of either pellets or tablets in the rodent burrow, which are then sealed with soil. The gases evolved to build up to concentrations that are lethal to the rodents occupying the burrows

North America and Asia Pacific are the major exporters of crops across the globe. High quantities of grains are stored in warehouses, and fumigants, are majorly used in these warehouses for rodent control. In addition, sprays of zinc phosphide are used against mouse plagues in Australia.

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Asia Pacific is expected to be the fastest-growing region with a CAGR of 6.5% during the forecast period.

The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia and few other Asian counties. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

Key players in this market include Basf Se(Germany), Bayer Ag(Germany), Syngenta Ag(Switzerland), UPL Limited(India) & Neogen Corporation(US)

Upcoming Growth Trends in the Rodenticides Market

The global rodenticides market is estimated to be valued at USD 5.3 billion in 2022. It is projected to reach USD 7.1 billion by 2027, recording a CAGR of 5.8% during the forecast period. The rodenticides market is witnessing significant growth due to the rise in economic activities, an increase in residential and commercial construction activities, and the growth in awareness of public and environmental health.

 

 

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According to the National Pesticide Information Center (US), ‘Rodenticides are pesticides that kill mice and rats.’ Even though rodents play an important role in nature, they are increasingly required to be controlled, as they damage crops, transmit diseases, and in some cases, cause ecological damage. Rodenticides are formulated as baits, which are designed to attract rodents.

 

Key players in this market include Basf Se(Germany), Bayer Ag(Germany), Syngenta Ag(Switzerland), UPL Limited(India) & Neogen Corporation(US)

 

BASF SE is a leading company that produces a wide range of chemical products. It operates via six business segments, namely chemicals, industrial solutions, materials, nutrition & care, surface technologies, and agricultural solutions. BASF’s agricultural solutions segment includes functional crop care, biotechnology, turf, ornamentals and landscape, pest control, and animal nutrition. BASF uses innovative active ingredients and technologies in a wide range of pest control products to eradicate pests, such as bed bugs, termites, ants, flies, and rats. It offers innovative formulations of insecticides and rodenticides that are comparatively effective. The company has a global presence in regions, such as Asia Pacific, North America, Europe, South America, Africa, and the Middle East. In Nov 2020, BASF SE (US) launched Selontra rodent bait in Europe. It is a soft bait formulation based on the active ingredient, cholecalciferol, which makes the product three times more effective than the standard anticoagulant rodenticides.

 

Bayer AG is a global leader in agriculture research and solutions; it operates through four segments—pharmaceuticals, consumer health, crop science, and animal health. It also supplies high-quality food products, feed, and plant-based raw materials, and helps in promoting the sustainable use of natural resources. It also offers herbicides, corn seed & traits, soybean seed & traits, insecticides, fungicides, vegetable seeds, and digital agriculture solutions. Bayer AG’s subsidiary, Bayer CropScience, is involved in the development of crop protection, non-agricultural pest control, and plant biotechnology. The company produces highly palatable and fast-acting rodenticides, which are designed for professional use. These rodenticides are highly effective against all types of rodents. It has a presence in over 120 countries across the globe. The company primarily operates in Europe and has an active presence in North America, Latin America, Africa, the Middle East, and Asia Pacific. In Aug 2019, Bayer entered into a partnership with UrbanClap (India), which would facilitate the pest control products to UrbanClap for effective and safe pest management solutions for consumers in the residential segment.

 

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The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia and few other Asian counties. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

Latest Regulatory Trends Impacting the Rodenticides Market

According to the National Pesticide Information Center (US), ‘Rodenticides are pesticides that kill mice and rats.’ Even though rodents play an important role in nature, they are increasingly required to be controlled, as they damage crops, transmit diseases, and in some cases, cause ecological damage. Rodenticides are formulated as baits, which are designed to attract rodents.

 

The rodenticides market is estimated to be valued at USD 5.3 billion in 2022. It is projected to reach USD 7.1 billion by 2027, recording a CAGR of 5.8% during the forecast period. The rodenticides market is witnessing significant growth due to the rise in economic activities, an increase in residential and commercial construction activities, and the growth in awareness of public and environmental health.

 

 

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Key players in this market include Basf Se(Germany), Bayer Ag(Germany), Syngenta Ag(Switzerland), UPL Limited(India) & Neogen Corporation(US)

 

BASF SE is a leading company that produces a wide range of chemical products. It operates via six business segments, namely chemicals, industrial solutions, materials, nutrition & care, surface technologies, and agricultural solutions. BASF’s agricultural solutions segment includes functional crop care, biotechnology, turf, ornamentals and landscape, pest control, and animal nutrition. BASF uses innovative active ingredients and technologies in a wide range of pest control products to eradicate pests, such as bed bugs, termites, ants, flies, and rats. It offers innovative formulations of insecticides and rodenticides that are comparatively effective. The company has a global presence in regions, such as Asia Pacific, North America, Europe, South America, Africa, and the Middle East. In Nov 2020, BASF SE (US) launched Selontra rodent bait in Europe. It is a soft bait formulation based on the active ingredient, cholecalciferol, which makes the product three times more effective than the standard anticoagulant rodenticides.

 

Bayer AG is a global leader in agriculture research and solutions; it operates through four segments—pharmaceuticals, consumer health, crop science, and animal health. It also supplies high-quality food products, feed, and plant-based raw materials, and helps in promoting the sustainable use of natural resources. It also offers herbicides, corn seed & traits, soybean seed & traits, insecticides, fungicides, vegetable seeds, and digital agriculture solutions. Bayer AG’s subsidiary, Bayer CropScience, is involved in the development of crop protection, non-agricultural pest control, and plant biotechnology. The company produces highly palatable and fast-acting rodenticides, which are designed for professional use. These rodenticides are highly effective against all types of rodents. It has a presence in over 120 countries across the globe. The company primarily operates in Europe and has an active presence in North America, Latin America, Africa, the Middle East, and Asia Pacific. In Aug 2019, Bayer entered into a partnership with UrbanClap (India), which would facilitate the pest control products to UrbanClap for effective and safe pest management solutions for consumers in the residential segment.

 

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The Asia Pacific market is completely driven by the country markets of China, India, Japan, Australia, Thailand, Indonesia and few other Asian counties. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. The food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are expected to be major growth verticals in this market.Asia Pacific is expected to be the fastest-growing region during the forecast period due to several reasons. One of the major drivers of the market is the fact that agriculture is one of the most significant revenue-generating sectors in China and India. The growing population within the region is urging the farmers to provide a maximum yield to fulfill the demand of the increasing population. In such cases, the increasing crop damage and decreasing food production due to rodents are expected to leverage this market positively.

Latest Regulatory Trends Impacting the Rodenticides Market

The global rodenticides market size is estimated to account for a value of USD 4.9 billion in 2020 and is projected to grow at a CAGR of 5.0% from 2020, to reach a value of USD 6.6 billion by 2026. The impact of climate change on rodent proliferation alongside the increasing damage by an infestation of rodents are some of the factors driving the growth in the market.

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Driver: Impact of climatic changes on rodent proliferation

The changing climatic conditions are of significant importance in the market, as global warming leads to the change in the population dynamics of rodents and their ecosystems, as rodents breed prominently more in warmer climates. The proliferation of rodent population is related to climatic changes, which is a major international public health concern. Hantavirus infection is increasingly sensitive to climatic conditions. Rodent population responds more rapidly to favourable weather conditions, such as heavy rainfall, which could directly or indirectly proliferate rodent-borne pathogens, such as spirosis, a zoonotic bacterial disease, with an unknown, but probably high human and veterinary prevalence.

Opportunity: Increase in demand for rodent pest control services from the hospitality and tourism sectors

The entertainment sector, warehouses, construction companies, foodservice segment, pharmaceutical companies, and the hospitality sector play an important role in encouraging the demand for pest control products & services, particularly for rodents. The economic losses due to the damages caused by pests, such as rodents, affect the tourism industry. The growth of the hospitality and entertainment sectors in urban areas due to the high purchasing power among consumers has driven the demand for rodent control products.

By end-use sector, residential segment is projected to dominate the rodenticides market.

With the rapid urbanization, increase in disposable income, and the rise in awareness about epidemics from rodent attacks, residential holders have been increasingly adopting chemical agents besides mechanical control methods. Thus, the growth potential in residential holdings is projected to remain higher than the other end uses.

Pellet, by mode of application is estimated to hold the largest share in the rodenticides market, in terms of value, in 2020

Pellets offer effective control against commensal rodents and are resistant to various environmental conditions, which makes them suitable for outdoor use.  With the increase in urbanization and displacement of rats in city areas, the pellets mode of application is widely used in residential buildings, as they can easily be used with baits.

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North America to be the largest market for rodenticides during the forecast period.

High rodent population densities result in increased cases of rodent-borne disease (for instance, Hantavirus) transmission to humans. According to the CDC, the density of rodents that can cause Hantavirus is high in the US states, including Texas, Oklahoma, Louisiana, and Arkansas. Due to these factors, there are plans to eradicate the growing rodent population in North American countries, and hence contributing to the high consumption of rodenticides.

Key Market Players:

Some of the major players operating in the rodenticides market include Bayer AG (Germany),  Syngenta  AG (Switzerland), BASF SE (Germany), Rentokil Initial Plc (UK), JT Eaton (US), UPL Limited (India), Anticimex (Sweden), The Terminix International Company (US), Liphatech Inc (US), Neogen Corporation (US),  PelGar International (UK), Bell Laboratories Inc (US), Ecolab Inc (US), Rollins Inc (US), Abell Pest Control (Canada), Futura Germany (Germany), SenesTech Inc (US), and Impex Europa S.L (Spain).

Rodenticides Market: Growth Opportunities and Recent Developments

The report "Rodenticides Market by Type (Non-anticoagulants, Anticoagulants (FGAR, SGAR)), End use (Agricultural fields, Warehouses, Residential, Commercial), Mode of application (Pellet, Spray, and Powder), Rodent type, and Region - Global Forecast to 2026", The global rodenticides market size is estimated to be valued at USD 4.9 billion in 2020 and is expected to reach a value of USD 6.6 billion by 2026, growing at a CAGR of 5.0% during the forecast period. Factors such as the displacement of rodents due to urbanization and increase in rodent population due to climatic change such as global warming drive the growth of the market.

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The rodenticides market includes major product manufacturers and service providers like Syngenta AG, Bayer AG, BASF SE, UPL Ltd, Rentokil Initial plc, Ecolab Inc and Rollins Inc. These companies have their manufacturing and service facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses up to some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of rodenticides. Multiple manufacturing facilities of players are still in operation. The service providers are providing rodent control services by following safety and sanitation measures.

Anticoagulant, by type, is estimated to grow at the highest rate during the forecast period

Anticoagulant rodenticides are widely used for controlling commensal rodents, which are primarily Norway rats, ship rats, and house mice. Despite the consistent decrease in ecological risk assessments, the anticoagulant segment is projected to dominate the rodenticides market due to the high demand for effective rodent-control alternatives and the lack of safe alternatives.

Pellet, by mode of application, is estimated to hold the largest share in the rodenticides market, in terms of value, in 2020

Pellets offer effective control against commensal rodents and are resistant to various environmental conditions, which makes them suitable for outdoor use.  With the increase in urbanization and displacement of rats in city areas, the pellets mode of application is widely used in residential buildings, as they can easily be used with baits.

Commercial, by end-use sector, estimated to account for the largest market share, by value, in 2020

A majority of the commercial places across the European and North American countries have a mandate annual rodent control service program. Hence, the market is estimated to be dominated by the commercial segment in 2020.

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Asia Pacific is projected to grow at the highest CAGR during the forecast period

The market for rodenticides is projected to grow at the highest CAGR in the Asia Pacific region owing to the increase in awareness of the effectivity of chemical rodenticides. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. Food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are projected to be major growth verticals in this market.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the rodenticides market. It consists of the profiles of leading companies such as Bayer AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), Rentokil Initial Plc (UK), Ecolab Inc (US), Rollins Inc (US), UPL Limited (India), Anticimex (Sweden), The Terminix International Company (US), Liphatech Inc (US), Neogen Corporation (US),  PelGar International (UK), Bell Laboratories Inc (US), JT Eaton (US), Truly Nolen (US), Abell Pest Control (Canada), Futura Germany (Germany), SenesTech Inc (US), Bioguard Pest Solutions (US) and Impex Europa S.L (Spain).

Latest Regulatory Trends Impacting the Rodenticides Market

The global rodenticides market size is estimated to account for a value of USD 4.9 billion in 2020 and is projected to grow at a CAGR of 5.0% from 2020, to reach a value of USD 6.6 billion by 2026. The impact of climate change on rodent proliferation alongside the increasing damage by infestation of rodents are some of the factors driving the growth in the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189089498

Driver: Impact of climatic changes on rodent proliferation

The changing climatic conditions are of significant importance in the market, as global warming leads to the change in the population dynamics of rodents and their ecosystems, as rodents breed prominently more in warmer climates. The proliferation of rodent population is related to climatic changes, which is a major international public health concern. Hantavirus infection is increasingly sensitive to climatic conditions. Rodent population responds more rapidly to favourable weather conditions, such as heavy rainfall, which could directly or indirectly proliferate rodent-borne pathogens, such as spirosis, a zoonotic bacterial disease, with an unknown, but probably high human and veterinary prevalence.

Opportunity: Increase in demand for rodent pest control services from the hospitality and tourism sectors

The entertainment sector, warehouses, construction companies, foodservice segment, pharmaceutical companies, and the hospitality sector play an important role in encouraging the demand for pest control products & services, particularly for rodents. The economic losses due to the damages caused by pests, such as rodents, affect the tourism industry. The growth of the hospitality and entertainment sectors in urban areas due to the high purchasing power among consumers has driven the demand for rodent control products.

By end-use sector, residential segment is projected to dominate the rodenticides market.

With the rapid urbanization, increase in disposable income, and the rise in awareness about epidemics from rodent attacks, residential holders have been increasingly adopting chemical agents besides mechanical control methods. Thus, the growth potential in residential holdings is projected to remain higher than the other end uses.

Pellet, by mode of application is estimated to hold the largest share in the rodenticides market, in terms of value, in 2020

Pellets offer effective control against commensal rodents and are resistant to various environmental conditions, which makes them suitable for outdoor use.  With the increase in urbanization and displacement of rats in city areas, the pellets mode of application is widely used in residential buildings, as they can easily be used with baits.

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North America to be the largest market for rodenticides during the forecast period.

High rodent population densities result in increased cases of rodent-borne disease (for instance, Hantavirus) transmission to humans. According to the CDC, the density of rodents that can cause Hantavirus is high in the US states, including Texas, Oklahoma, Louisiana, and Arkansas. Due to these factors, there are plans to eradicate the growing rodent population in North American countries, and hence contributing to the high consumption of rodenticides.

Key Market Players:

Some of the major players operating in the rodenticides market include Bayer AG (Germany),  Syngenta  AG (Switzerland), BASF SE (Germany), Rentokil Initial Plc (UK), JT Eaton (US), UPL Limited (India), Anticimex (Sweden), The Terminix International Company (US), Liphatech Inc (US), Neogen Corporation (US),  PelGar International (UK), Bell Laboratories Inc (US), Ecolab Inc (US), Rollins Inc (US), Abell Pest Control (Canada), Futura Germany (Germany), SenesTech Inc (US), and Impex Europa S.L (Spain).